Brendan, you've dodged and dived on this over the course of three years of discussion here. It's beside this specific point at hand as to whether you think gold is not like bitcoin.
Brendan - you set this thread out on the basis of 'digital gold' and a discussion in that context. That's what we're doing here. What you've just stated is your opinion - it's not fact.
Ok, so lets have a look at exactly that. You recommend the purchase of gold yet you scream bloody blue murder at the notion of someone buying bitcoin. Gold is at $1,878/oz. right now. Should I buy? If I wake up in the morning - and it's $3,000/oz., should I buy?
Sure I can - it's valued in the same way as gold....and if that's not to your liking, lets see if you scream blue bloody murder at gold bugs - I'll bet my last bitcoin you won't.
And you say that will happen in 20 years, right?
Indeed they would - as they would with some of the dialogue right here. People claiming that the cutting of bitcoin mining reward is not a reduction (!!). Meanwhile, gold has just become less scarce with the announcement of the worlds latest gold discovery (and the worlds largest gold mine).
$2.5 billion worth of shovels and melters by all accounts.
Tecare, please stop talking about bitcoin just because you studied it deeply and made money investing on it, and start learning from those who wouldn’t touch it with a barge pole and fake laugh with grinding teeth for missing the opportunity of the century
Yer dead right , i mean that's what I thought I was doing, awaiting the enlightenment but life will always disappoint Gus. I mean, I'm told I'll call myself stupid when bitcoin fails even though Ive said I'm counting on that as a potential outcome.
An amusing clip. I presume you are the little white girl. Let me suggest a sequel. A glass of juice is put in front of you. Then Max adds 2 teaspoonfuls of juice and asks you is there now more or less. You say more. Then Gus adds 1 more teaspoonful and asks the same question. You now say less. Wolfie asks why you gave that answer. You say because 1 teaspoonful is less than 2. Do you see what I’m getting at? Or is that just another diatribe?
Gus is totally out of order here. Not just because he is wrong. He abuses his anonymity to attack your real life persona. If you have made comments in these fora they are fair game. Things said in your real life should be out of bounds. An offence compounded by his erroneously speculating as to what he thought you said.
Straight question Max. Is the supply of bitcoin increasing or decreasing after the halving?
Just the sort of answer at which @tecate excels. No wonder s/he was quick off the blocks with the slap on the back. S/he also probably buys into your faux indignation at what you term personalised attacks.